$CityDev (C09.SG)$ it appears to me that the stock is fallin...

ValueBull commented on a stock · Oct 7 00:46

it appears to me that the stock is falling because there are short sellers on this counter.

$UOL (U14.SG)$ has outperform CDL due to better balance sheet metrics.

however, in an aggressive rate cut scenario, both the USD will decline against the SGD and Interest rates will come down

CDL has better alpha compared to UOL under this scenario

CDL is clearly undervalued. How long can market makers keep it pinned down is the question. I'm a net buyer at current prices for sure

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I like to identify cheap stocks which is under the radar for SIGNIFICANT UPSIDE and Gains

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